The gold standard have still the big force with reference to the given offer,

Free at the same time from the basic defects of the gold standard. That not

Less, evaluating feasibility of this plan, it is impossible to consider it only as the scheme

Monetary reform. It is necessary to mean that accumulation of commodity reserves

It should is unconditional to remain a part of a state policy and that
Political reasons hardly will allow, that the markets of primary goods were
We are completely granted to ourselves in any foreseeable future, on which
We can plan now. Nevertheless all plans aimed at the direct
Price control of the concrete goods, encounter on rather serious
Objections also will undoubtedly generate significant economic and political
Difficulties. Not to mention monetary reasons, there is an insistent
Requirement for system, at which the special bodies acting, in
Essence, in only any and unpredictable image, would be deprived
Possibilities of such regulation and instead were subject mechanical and

To the predicted rule. If it can be connected to reorganisation international

Monetary system which again would supply to the world stability of the international

Currency relations and it freedom in movement of primary goods, would be
The serious step to more prospering and stable economic is taken.

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